Elevated interest rates, inflation have also increased the cost to finance projects
Vacancies and wages were flat, signalling a softening
The pickup occurred amid easing mortgage rates and as more homes came on the market
The supply of affordable housing has been a key political issue
National average home price in July was $667,317, down 0.2% from last year
Asset quality, capital expected to remain strong
It's the lowest level in more than a year
Economist warns people to be 'prudent' about any rebound in market activity
And Calgary home sales dropped 10% year over year
Slight pullback in rents mainly due to a spike in condo completions, Urbanation president says